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Take Control of Your Client Relationships with FIRST Canada


April 19, 2017   by FIRST Insurance Funding of Canada

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Don’t be at the mercy of your markets. With FIRST Insurance Funding of Canada (FIRST Canada), you can offer your clients the convenience of paying how they choose with a streamlined and integrated process. By being your client’s payment provider, you can eliminate carrier confusion and protect your client relationships. Easily implement your own payment process, including credit cards. Expand your service offering and you can beat the competition by providing the flexibility clients demand.

Accept credit cards
Implement the industry’s leading credit card payment process by accepting Visa®, Mastercard®, and American Express®. FIRST Canada’s integrated, point-of-purchase process provides the best client experience and easier reconciliation because it was built specifically for the Canadian insurance market.

Brokerage benefits

  • No need to disrupt your client with a change in payment methods or remarket due to payment changes
  • Reduce your time on risk
  • Fast-track your revenue by earning commissions upfront
  • Reduce your receivables and associated administration
  • Increase close ratios
  • Improve retention
  • Enhance your value proposition
  • Reinforce your brand

Client benefits

  • No disruption of their choice of payment method
  • Provide flexibility on payment dates and missed payments
  • Smooth cash flow
  • Reinvest working capital back into their business
  • Consolidate multiple policy payments
  • Preserve credit

 

Avoid unwanted risk by choosing your partner wisely

FIRST Canada’s credit card process protects you with a fully vetted, legal and compliant process for accepting credit card payments. We have worked with the credit card vendors and processors to develop a credit card offering that meets brokers’ specific needs and the legal requirements for card processors.

   
In partnership with our payment processing provider:

 

Easily automate payments into your existing workflow and increase your staff efficiency with one process. With FIRST Canada’s innovative and convenient payment solutions, you can offer all payment methods, including credit cards, pay in full, and easy monthly payments at the point-of-purchase. You can also leverage your current BMS, and present payment options with the click of a button.
 
Protect your client relationships
with the right payment solutions

 

About FIRST Insurance Funding of Canada
FIRST Insurance Funding of Canada (FIRST Canada) provides the Canadian Insurance Market with comprehensive payment solutions. Brokers, MGAs, and carriers can partner with FIRST Canada and expand their offering to provide more value, choice and convenience for all of their clients. The combined strength of FIRST Canada’s dedicated team, evolved offering and innovative platform, positions its partners to meet the demanding future of the Canadian Insurance landscape armed with market-leading solutions for success. FIRST Canada is part of Wintrust (Nasdaq: WTFC) a financial services company with more than $25 billion in assets and a part of one of the largest premium finance companies in North America. Follow FIRST Canada on LinkedIn and Twitter. For more about the company, visit firstinsurancefunding.ca


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